BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

12,577 comment(s). Last comment by felixstella 2 months ago

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-24 09:19 | Report Abuse

The roadblock at $1.10 is crossed ! I think it is quite easy to reach $1.50 soon . The share price is strongly supported by very high , possibly over 20 sen dividend in FY 2022.

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 09:26 | Report Abuse

Mar FCPO 6.6k

Ayambrand

135 posts

Posted by Ayambrand > 2022-02-24 10:12 | Report Abuse

lets ride the wave

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-24 10:33 | Report Abuse

Sold all. Thank you Calvin and all the sifus. =D I go play oil stocks now, will come back to Palm Oil stocks later

sakthi

27 posts

Posted by sakthi > 2022-02-24 10:50 | Report Abuse

nice rally

CCWONG

290 posts

Posted by CCWONG > 2022-02-24 11:35 | Report Abuse

Bplant's riding up is a smooth cruise as it is with fundamentals.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-24 12:00 | Report Abuse

FCPO march +$199 to $6,750
FCPO Apr +$192 to $6,445
Many countries is scrambling to secure enough edible oil in the wake of Ukraine-Russia war ? There is no additional supply !

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 12:01 | Report Abuse

Guys, before u decide to take profit, kindly check FCPO ya… it’s up 200+ now

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-24 12:12 | Report Abuse

@ 12 noon
FCPO march +$263 to $6,769
FCPO Apr +$269 to $6,522
Many countries are scrambling to secure enough edible oil/food in the wake of Ukraine-Russia war ? There is no additional supply !

Buy the dip from the panic sellers.

Posted by Jonathan Keung > 2022-02-24 14:06 | Report Abuse

Brent crude USD 100 per barrel

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 14:23 | Report Abuse

Russia attacks Ukraine!!!

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 14:23 | Report Abuse

https://edition.cnn.com/

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 14:25 | Report Abuse

Crude oil, gas, sunflower…. Sorry…. Supply cut ya

amtheng

50 posts

Posted by amtheng > 2022-02-24 14:32 | Report Abuse

palm oil future at RM6,790

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 14:49 | Report Abuse

War is actually hav POSITVE impact to CPO ya

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 14:58 | Report Abuse

Mar FCPO wanna touch 6.9k now

Posted by newmember2022 > 2022-02-24 15:16 | Report Abuse

If the CPO getting higher, why so many people letgo of their share?same goes to jtiasa,fgv,thplant

Ayambrand

135 posts

Posted by Ayambrand > 2022-02-24 15:17 | Report Abuse

psychology

junclj

225 posts

Posted by junclj > 2022-02-24 15:20 | Report Abuse

sry guys, I was ran out from bplant trap. Being trapped in bplant for 4 years. Bought this counter at 6 years ago. Hold until now then finally give up to hold in this counter. Sold at 1.09 at this morning, unfortunately just earned a little bit only because my averaged price was 1.077. Need to prepare some cash to average down my AAPL. Currently US stock drop so much because not just only because the Russia declare war with Ukraine. Another big issue is because FED want to hike rates in next month. Since the inflation in the US is too high now, they want to sacrifice the US stock market.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-24 15:28 | Report Abuse

BPLANT is going through healthy correction, will move between 0.95 to 1.05..... Now all eyes on oil stocks because of war, will come back to BPLANT in a few weeks... Now go Hengyuan and Petron, hope Calvin and other sifus will start writing about HY & Petron. =D

Posted by Jonathan Keung > 2022-02-24 15:30 | Report Abuse

Fed meeting in March. Brent crude prices rocket up to USD 100 per barrel. US consumer suffering from high fuel prices. Wheat prices climb to the roof. Consumers complaining about inflation. Year 2022 is also US congress election .Fed Reserve need to trend cautiously on the rates hike everything is a political decision.

Posted by warrenchok90 > 2022-02-24 17:02 | Report Abuse

I sell Early too 1.12... wait for correction only join back... palm oil price keep increasing everyday is new high

Posted by warrenchok90 > 2022-02-24 17:02 | Report Abuse

I also quite scare so I choose to short trade

Posted by warrenchok90 > 2022-02-24 17:03 | Report Abuse

tomorrow I guess is taan turn to up

ahbah

6,213 posts

Posted by ahbah > 2022-02-24 17:05 | Report Abuse

Our mkt is oredi on SOLID bull run bcos the mkt oredi got big vol.

But it is a PLANTATION BULL.

Go for all plantation stks.

Posted by warrenchok90 > 2022-02-24 17:11 | Report Abuse

Yaa bro... happy to see plantation stock up guys... been promoting plantation especially tsh for 6 month finally see it perform...

amtheng

50 posts

Posted by amtheng > 2022-02-24 17:11 | Report Abuse

wow...FCPO RM6969

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 17:16 | Report Abuse

Niamah, 6969 like sth else only

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 17:17 | Report Abuse

Wait until Biden wake up, US will respond

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 17:18 | Report Abuse

Kindly note, CPO up coz a few reasons, not just war alone…

kimsui7364

101 posts

Posted by kimsui7364 > 2022-02-24 17:32 | Report Abuse

At last 2 weeks I said FCPO will reach to RM7000. Pls take notes.

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-24 19:50 |

Post removed.Why?

james70

327 posts

Posted by james70 > 2022-02-24 20:52 | Report Abuse

Record-High Global Food Prices Imminent As Edible Oil Soars

Thursday, Feb 24, 2022 - 06:00 PM

Edible oil prices soared this week, prompting fears that record-high food prices could be imminent. On Wednesday, soybean oil futures in Chicago hit their highest levels since 2008, and palm oil, the commodity used in thousands of food products, jumped to new highs.

Soybean prices increased 1.4% to 71 cents per pound, the highest level since 2008. US canola futures are also on the verge of an all-time high, and palm oil in Malaysia hit a new record high of $1,434 per ton.

Drought has crimped soybean crops across South America this season. Rival oilseeds like palm and canola have also suffered shortfalls from adverse weather and labor shortages. And escalating political tensions involving Ukraine and Russia pose a risk for sunflower oil exports, which the two countries dominate," according to Bloomberg.

Ivy Ng, the regional head of plantations research at CGS-CIMB Securities, said, "for the supply side, everything that could go wrong, went wrong; problems "hit all the key producing countries, whether it's palm oil or a competing oil. There's no reprieve in the short term, and people are reacting to that."

Earlier this month, Goldman Sachs' Jeff Currie warned that shortages across commodities could send higher prices. He said markets are "incredibly tight from a physical perspective" ... "we are out of everything, I don't care if its oil, gas, coal, copper, aluminum, you name it we're out of it."

Soaring edible oils could be the next catalyst that catapults the FAO (Food and Agriculture Organization) Food Price Index (FFPI), a measure of the monthly change in international prices of a basket of food commodities, to a new record high for February. New FFPI data is expected in early March. As for now, FFPI sits near a record high in terms of January prices.

Abdul Hameed, director of sales at Manzoor Trading in Lahore, Pakistan, said the edible oil is in "uncharted territory," and prices could climb even higher. He said, "the global supply and demand situation is a very, very big concern."

For those in the Western world, food inflation is already leaving a mark on lower-income households, and the "worst has yet to come," according to John Allan, chairman of Tesco Plc.

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-02-24 22:44 |

Post removed.Why?

Plantermen

2,224 posts

Posted by Plantermen > 2022-02-25 15:33 | Report Abuse

The current Russian & Ukraine armed conflict has a deep impact on energy & grains market. Biden { did not realized the full impact of the sanctions & restriction} will hit his European allies. For a start Ukraine has now suspended their Port commercial operation's. Ukraine is one of the world's biggest supplier & exporter of wheat & sunflower oil. Whereas Europe relies 1/3 of their energy & gas supplies from Russia Republic.

American Mid West grain growing region is facing an unpredictable harsh weather which threaten their Soy & Wheat belt production. South American { Brazil & Argentina} is facing severe logistic issues. Leaving the consumer scrambling to secure supplies and paying higher and higher prices. Iran & Russian oil is being snapped up by other countries leaving European countries with a 40%jump in their energy prices.

Threat of food commodities prices going to thru the roof is real and will be felt by every one going forward the next 3-6 months. Supplies cannot be increased overnight.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-26 06:16 | Report Abuse

Posted by OTB > Feb 25, 2022 9:22 PM | Report Abuse

Bplant - QoQ -11%, YoY 210%
KLK - QoQ -4%, YoY 68%
SWKPlnt - QoQ -23%, YoY 100%

The above 3 stocks are performing very well.
Who is so smart to say that QoQ drops, the share price cannot perform ?
Please do not bullshit in front of me.

Sslee

6,222 posts

Posted by Sslee > 2022-02-26 07:14 | Report Abuse

If you compare profit before tax Bplant are actually QtoQ positive.
If you going to compare next quarter QtoQ then with profit from land disposal and higher ASP it wilo be many time QtoQ increase.

CCWONG

290 posts

Posted by CCWONG > 2022-02-26 09:51 | Report Abuse

Bplant is the gem among the class of oil palm listed companies in KLSE (In terms of size, value, etc).

kelvin61

826 posts

Posted by kelvin61 > 2022-02-26 12:00 | Report Abuse

Most Anal-Lists have been left behind in this early bull run on plantation stocks, trying to justify their negligence. In fact, they are overpaid and ineffective, focusing their attention on highly overstretched Tech stocks you will take a lifetime to earn back your capital outlay. So, do some homework and buy the stocks that give you good value and possess strong appreciating underlying assets and currently generating extraordinary cash flow, cheers.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-26 20:32 | Report Abuse

by Jared Strong
The Russian invasion of Ukraine this week might drive up the costs of farm fertilizers globally and presents an opportunity for unscrupulous companies to artificially inflate those prices further, according to U.S. Secretary of Agriculture Tom Vilsack.

“That’s my biggest and deepest concern,” Vilsack said Thursday of the invasion’s immediate effects on U.S. agriculture, “and we’re obviously going to keep an eye on that.”

What is going on with fertilizer prices?
Last year’s fertilizer price spike has been attributed to a confluence of issues, including shortages of natural gas and limited fertilizer stockpiles.

Russia is a major global supplier of farm fertilizers and is the source of about a third of Europe’s natural gas.
Commodity supplies at risk as Russia invades Ukraine
Russia had already begun to limit its fertilizer exports late last year and recently imposed a two-month export moratorium on ammonium nitrate, a key fertilizer for corn.

In November, Iowa farmers faced fertilizer price quotes that were three to six times higher than the previous year. That has led to speculation that farmers will plant fewer acres of corn and reduce the amount of fertilizer they apply to their fields. The planting season is about two months away.

TehCPing

146 posts

Posted by TehCPing > 2022-02-27 01:54 | Report Abuse

Bplant will rise even higher before next quarter.gogogogog

Ayambrand

135 posts

Posted by Ayambrand > 2022-02-27 13:06 | Report Abuse

Times will tell, to the moon!

brianklc

1,624 posts

Posted by brianklc > 2022-02-27 13:14 | Report Abuse

Russia SWIFT sanction, impact to crude oil and other commodities? Since Ukraine war broke out, many sunflow oil stuck at port…

maestro85

248 posts

Posted by maestro85 > 2022-02-27 20:00 | Report Abuse

palm oil stocks should stay high at least for next 2 months

Posted by MuttsInvestor > 2022-02-27 21:05 | Report Abuse

https://mpoc.org.my/daily-palm-oil-price/..... Rm6453/- ... WOW !!! And the https://www.marketscreener.com/quote/future/CRUDE-PALM-OIL-16222/charts/# .. Broke the Resistance of late. With Above Developments of fertilizers and Wheat.Sunflower oil, etc disturbance ....... Now I am ...Putting a breach of Rm7,000/t for CPO..... As likely ( Never Ever Imagine I would say THAT !!! ) ........ SO...... HOLD Plantations Stocks.

Posted by MuttsInvestor > 2022-02-27 21:15 | Report Abuse

https://weather.com/forecast/national/news/2022-02-24-march-temperature-outlook-us?cm_ven=hp-slot-1 ..... Latest Forecast of US weather for MARCH !!! The Soya bean and Wheat Belt near the Great Lakes are going to have "Cold" weather. So..." Delay in Planting" or "Switch of crops" ??? With fertilizers prices going up...Will US plant more ?? With weather uncertainty ?? ... Going to be interesting in March.

Posted by MuttsInvestor > 2022-02-27 21:20 | Report Abuse

"" kelvin61... Most Anal-Lists have been left behind in this early bull run on plantation stocks,"""..... LoL .. Going to "Patent" the word ..."Anal -lysis" !!!!!! LoL ....... LoL ... Do AGREE with your Comment. '''Do your Homework" and "Don't Trust the Anal-lysis .. Blindly "

Posted by oldchinaman > 2022-02-27 21:51 | Report Abuse

If they were so spot-on they wouldn't be working for a few thousand riggits per month,They would have made their money and stayed quietly content

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